OUE Commercial REIT (OUE REIT) has reported a 13.3% drop in distributable income of $26.2 million for the 3QFY2022 ended September.This is mainly due to lower income support for OUE Downtown Office and higher interest expenses.During the quarter, revenue increased by 1.7% y-o-y to $59.5 million, whi...

The Tantallon India Fund closed 5.44% lower in September as markets struggle to internalise the US Federal Reserve Board’s commentary on reining-in inflationary expectations and the unprecedented strength in the US dollar even as corporate earnings continue to surprise on the upside and the govern...

ICP has proposed to acquire a stake in 2 hotel properties located in Sapporo and Nagoya, Japan via a 6.5 billion yen (S$64 million) transaction, it said late on Wednesday (Sep 21) night in a bourse filing.

IN AN update to a longstanding arbitration case that involves a dispute over a share purchase agreement, SingPost said it will be further defending itself against the claims filed by Tan Ho Sung over a share purchase agreement and shareholders’ agreement in relation to Famous Holdings (FHP...

HOTEL Properties Limited (HPL), which owns and operates hotels, reversed into the black in the fiscal first half from a year ago as revenue jumped 47.1 per cent, the company said on Friday (Aug 12).

HOTEL Properties Limited (HPL), which owns and operates hotels, reversed into the black in the fiscal first half from a year ago as revenue jumped 47.1 per cent, the company said on Friday (Aug 12).

WHEN news broke recently that the government would take back the Singapore Sports Hub from private consortium SportHub Pte Ltd (SHPL) on Dec 9 this year, the first reaction from many in my network was: what does this mean for Singapore sport? In my opinion, the slightly unsatisfying answer i...

SINGAPORE: Public-private partnerships (PPPs) are under the spotlight after the Government took over the management of the Sports Hub last week, more than a decade earlier than agreed upon. The S$1.33 billion facility was a tie-up between the Government and SHPL, a consortium made up of four comp...

The Sports Hub - Singapore’s largest public-private-partnership project - will be owned and managed by government agency Sport Singapore from Dec 9 this year. The S$1.33 billion facility in Kallang, which became operational in 2014, has experienced its fair share of highs and lows since. ...

THE following companies saw new developments that may affect trading of their securities on Friday (Apr 29):

TYCOON Ong Beng Seng, popularly known by his initials OBS, is credited as being one of those responsible for first bringing the Formula 1 night race to Singapore. He also led a consortium, 98 Holdings, which involved entities of Temasek Holdings, that won control of steel marker NatSteel, f...

THE following companies saw new developments that may affect trading of their securities on Monday (Apr 18):

HOTEL Properties Ltd (HPL) has sold its entire interest in HPL (Olympia) Ltd (HOL) and Maple Olympia Propco 4.

Hotel Properties (HPL) will be booking a gain of $29 million with the sale of its 80% stake in a joint venture. Ong Beng Seng, HPL’s managing director, holds the other 20% of the joint venture. The joint venture HPL Olympia, holds the 405-key Hilton London Olympia hotel in London. HPL is one of the ...

HOTEL Properties H15 has, through its 80 per cent-owned joint venture (JV) company HPL Olympia, entered into a share purchase agreement with an unrelated party to sell its entire 100 per cent stake in the share capital of 2 JV companies - HPL (Olympia) and Maple Olympia Propco 4 S.à.r.l. ...